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22 U.S.C. § 5462 — SEED Information Center System

submitted 37 years ago by Pub. L. 101-179 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 149 words · no verdicts yet

in plain englishAI-generated · not legal advice

The President must establish a SEED Information Center System with existing Executive branch agencies and the governments of Poland and Hungary. The system serves as a central information clearinghouse and performs the listed functions.

(a) Establishment The President must establish a SEED Information Center System, using existing Executive branch agencies and acting in cooperation with the Government of Poland and the Government of Hungary.
(b) Functions
(1) In general The SEED Information Center System must serve as a central clearinghouse mechanism for information relating to—
(A) business needs and opportunities in Eastern Europe, and
(B) voluntary assistance to countries in Eastern Europe.
(2) Private enterprise development The SEED Information Center System must be organized, among other purposes, to encourage—
(A) the submission of economically sound proposals to the Polish-American Enterprise Fund and Hungarian-American Enterprise Fund, and
(B) other sources of finance for the development of private enterprise in Eastern Europe.
(c) Location The SEED Information Center System must be based jointly in Washington, District of Columbia; Warsaw, Poland; and Budapest, Hungary; and should it become appropriate, the capitals of other East European countries.

the actual law source: uscode.house.gov ↗public domain
(a) Establishment

The President shall establish a SEED Information Center System, using existing Executive branch agencies and acting in cooperation with the Government of Poland and the Government of Hungary.

(b) Functions
(1) In general

The SEED Information Center System shall serve as a central clearinghouse mechanism for information relating to—

(A)

business needs and opportunities in Eastern Europe, and

(B)

voluntary assistance to countries in Eastern Europe.

(2) Private enterprise development

The SEED Information Center System shall be organized, among other purposes, to encourage—

(A)

the submission of economically sound proposals to the Polish-American Enterprise Fund and Hungarian-American Enterprise Fund, and

(B)

other sources of finance for the development of private enterprise in Eastern Europe.

(c) Location

The SEED Information Center System shall be based jointly in Washington, District of Columbia; Warsaw, Poland; and Budapest, Hungary; and should it become appropriate, the capitals of other East European countries.

Source credit: (Pub. L. 101–179, title VI, § 602, Nov. 28, 1989, 103 Stat. 1319.)

history & why it existsrecord from the source credit
  • 1989Enacted · Pub. L. 101-179 · 103 Stat. 1319

A history note hasn’t been published yet. The record shows enactment by Pub. L. 101-179 on 1989-11-28.

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